Bitcoin is the original cryptocurrency. Since its genesis in 2009, countless DeFi projects and altcoins have popped up; from Dogecoin to ETH, there's undoubtedly a huge market for alternatives to Bitcoin. People love how applications of different altcoins have use cases beyond just Bitcoin's main selling point as a store of value. Several new altcoin projects built on Ethereum or forked off of existing cryptocurrencies have improved privacy, increased scalability, enabled smart contract capabilities, and much more. Arguably, there's a case for choosing other cryptocurrencies over Bitcoin; Bitcoin's technology is far from perfect, and new developments are slow to implement.
Day 19: Why Bitcoin and not other cryptos?
Day 19: Why Bitcoin and not other cryptos?
Day 19: Why Bitcoin and not other cryptos?
Bitcoin is the original cryptocurrency. Since its genesis in 2009, countless DeFi projects and altcoins have popped up; from Dogecoin to ETH, there's undoubtedly a huge market for alternatives to Bitcoin. People love how applications of different altcoins have use cases beyond just Bitcoin's main selling point as a store of value. Several new altcoin projects built on Ethereum or forked off of existing cryptocurrencies have improved privacy, increased scalability, enabled smart contract capabilities, and much more. Arguably, there's a case for choosing other cryptocurrencies over Bitcoin; Bitcoin's technology is far from perfect, and new developments are slow to implement.